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El Salvador Becomes Sixth Country to Hold Over 6,000 Bitcoin
El Salvador Becomes Sixth Country to Hold Over 6,000 Bitcoin

On Dec. 29, the country added one more Bitcoin to its portfolio, bringing its total holdings to 6,000.77 BTC.

CryptoNews·2024/12/29 23:33
US Spot Bitcoin ETFs See Over $35B in Inflows in 2024, Ether ETFs Surge to $2.7B
US Spot Bitcoin ETFs See Over $35B in Inflows in 2024, Ether ETFs Surge to $2.7B

BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the market with $37.31 billion in inflows.

CryptoNews·2024/12/29 23:33
Blockchain Association Sues IRS Over New Crypto Regulations
Blockchain Association Sues IRS Over New Crypto Regulations

The legal challenge pushes back against the IRS' new rules requiring brokers to report digital asset transactions, which are set to take effect in 2027.

CryptoNews·2024/12/29 23:33
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round

Quick Take The team is building a privacy-focused data platform that provides live verification of borrower’s assets, liabilities and trading exposure. Accountable, which closed a $2.3 million seed round to pay employee salaries, intends to raise more capital in 2025.

The Block·2024/12/29 16:00
MiCA's impact on USDT and the EU crypto landscape
MiCA's impact on USDT and the EU crypto landscape

Quick Take The EU’s MiCA regulation has now come into full effect, but uncertainty looms over Tether’s USDT as it has yet to secure compliance certification. While MiCA aims to enhance market stability, its stringent requirements could push smaller crypto firms out of the EU, according to one analyst.

The Block·2024/12/29 16:00
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